NSE Stock SOCL_ST Historical charts - Sundrex Oil Company Ltd
Historical charts for Stock SOCL_ST - Share Sundrex Oil Company Ltd trades in NSE
Technical analysis forecast for SOCL_ST Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT SOCL_ST SOCL_ST at this time. Stock is falling and might fall more.
It appears as if SOCL_ST SOCL_ST gave a large move recently.
Stock of SOCL_ST (SOCL_ST) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for SOCL_ST is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.9, for a target of 33.4 or 34.66
Tomorrow's movement Prediction of SOCL_ST appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.
Tomorrow's movement Prediction of SOCL_ST is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 30.4
Munafa value: 25
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
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